INDIANAPOLIS, Ind., June 13, 2012 – Praxair Surface Technologies, Inc., a wholly-owned subsidiary of Praxair, Inc. (NYSE: PX), recently announced the signing of a multi-year sourcing agreement with Héroux-Devtek Inc. (TSX: HRX), a leading Canadian manufacturer of aerospace and industrial products, for the application of high-performance surface coatings for airframe components. The agreement initially covers coating support for two specific airframe component programs.
Under terms of the agreement, Praxair will apply SermeTel® coating products to Messier-Bugatti-Dowty landing gear components for the Bombardier Global Express long-range business jet and components for the Airbus A330 and A340 wide-body commercial jetliners.
“We are pleased to be entering into a long-term agreement with Héroux-Devtek that allows us to play an extended role in serving its landing gear product lines,” said Freddie Sarhan, director of Canadian Operations for Praxair Surface Technologies. “This relationship is reflective of our ability to provide consistent quality coatings from our extensive global plant network.”
“Héroux-Devtek looks forward to furthering its relationship with Praxair Surface Technologies who has positioned itself as a trusted global source of high-quality surface coatings to the aviation industry,” said Martin Richard, director, Supply Chain Héroux- Devtek Landing Gear division.
About Héroux-Devtek Inc.
Héroux-Devtek Inc., a Canadian company, serves two main market segments: Aerospace and Industrial Products, specializing in the design, development, manufacture and repair and overhaul of related systems and components. Héroux-Devtek Inc. supplies both the commercial and military sectors of the Aerospace segment with landing gear systems and airframe structural components. The Corporation also supplies the industrial segment with large components for power generation equipment and precision components for other industrial Applications. Approximately 70% of the Corporation's sales are outside Canada, mainly in the United States. The Corporation's head office is located in Longueuil, Québec with facilities in the Greater Montreal area (Longueuil, Dorval, Laval and St-Hubert); Kitchener and Toronto, Ontario; Arlington, Texas; Springfield, Cleveland and Cincinnati, Ohio; as well as Querétaro, Mexico. More information on Héroux-Devtek is available at www.herouxdevtek.com.
About Praxair Surface Technologies, Inc.
Praxair Surface Technologies offers a comprehensive slate of high-performance coatings and technologies to the aviation, energy, and other industries. By continuously advancing coatings technologies, Praxair Surface Technologies helps customers improve environmental performance, decrease energy consumption, extend component life, improve productivity, minimize downtime, reduce operating costs, and produce higher quality products. More information on Praxair Surface Technologies is available at www.praxairsurfacetechnologies.com.
About Praxair, Inc.
Praxair, Inc. is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2011 sales of $11 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies are making our planet more productive by bringing efficiency and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair, Inc. is available on the Internet at www.praxair.com.
Susan Szita Gore